October RecTech Insider

Here's a roundup of recruitment technology that has made news in the past 30 days.

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NEW LAUNCHES

Facebook at Work set to launch. Like an Intranet for your business.

https://techcrunch.com/2016/09/27/facebook-for-work/

Impraise: New NYC startup lets you give your coworkers anonymous feedback

http://www.builtinnyc.com/2016/09/20/impraise-tech-modern-performance-review

TILR: Cincinnati startup launched a new app over Labor Day weekend designed to connect business owners with on-demand employees and circumvent the lengthy recruitment process. The way it works is rather than having a company or employer post a job, review resumes, screen potential temporary employees by phone, interview them in-person, make a hiring selection and then onboard them, the employer tells Tilr what it needs and the app will find the right person for the job.

http://www.bizjournals.com/cincinnati/news/2016/09/06/cincinnati-startup-launches-the-match-com-of.html

HiringSolved will soon unveil what it considers “Siri for recruiting,” an artificial intelligence assistant for recruiters. His name will be RAI, pronounced like the name Ray, and standing for “Recruiting Artificial Intelligence.” The company has been working on it for five years, and is still perfecting it. The gist of it is you’d ask recruiting questions to a Chatbot-like system. So, instead of checking off a bunch of boxes, you’d type something like, “I need to find 10 female developers with experience using WordPress, within 10 miles of Milwaukee.” 

http://www.eremedia.com/ere/a-cousin-of-siri-is-coming-to-the-recruiting-field/

LinkedIn has given a facelift to its desktop publishing platform to encourage more post engagement from its professional user base.

http://www.zdnet.com/article/linkedin-unveils-its-new-blogging-platform/

LinkedIn: A year and a half ago, LinkedIn plunked down $1.5 billion for Lynda.com, the huge online learning site. Today, at an event in its San Francisco office, the company introduced LinkedIn Learning, a set of new features that incorporate Lynda.com courses into LinkedIn itself, so that members can find and take courses, see which ones their connections are taking, and otherwise learn skills that are useful to their careers, all within the context of LinkedIn. They're available starting today.

https://news.fastcompany.com/linkedin-rolls-learning-into-its-network-continues-to-dream-big-4019822

Joberate releases tool that indicates job search activity.
https://www.washingtonpost.com/news/on-leadership/wp/2016/09/06/this-software-startup-can-tell-your-boss-if-youre-looking-for-a-job-2/

Indeed is taking aim at Southern California's high tech market, with the launch of its Indeed Prime in the market. According to Indeed, the service--specifically targeted at technology talent--will give employers access to a "curated pool" of people, based on coding skills, education, and work experience. The Indeed Prime service--unlike a typical job board or resume bank--specifically screens and prequalifies professionals with technical skills, such as software engineers, developers, UI/UX designers, and product managers. Indeed said it specifically launched the service in Los Angeles due to the high demand for techical professionals in the market.

http://www.socaltech.com/indeed_targets_tech_talent_in_los_angeles/s-0067041.html

CKR Interactive, a leader in recruitment marketing and communications, aims to reinvent the way employers engage talent with a newly launched visual job description service. In an increasingly competitive recruitment landscape, it is imperative for organizations to continue exploring new and innovative ways to attract top talent. As candidates job search preferences and needs evolve, so must the strategy to engage them. Visual.jobs

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ACQUISITIONS

CareerBuilder is up for sale according to TEGNA, its owner. Speculation is that another staffing firm will buy it.

http://www.eremedia.com/ere/careerbuilder-put-in-play-by-its-broadcast-owner/

Glassdoor Acquires Brazil’s Love Mondays to Expand Into Latin America: Earlier this year, Glassdoor raised $40 million at a $1 billion valuation; and now it is putting some of that investment to use to grow internationally. The employee review and job-search platform has acquired Love Mondays, a startup based out of Sao Paulo that also lets workers post reviews of their workplaces. It’s even been described as “the Glassdoor of Latin America”

https://techcrunch.com/2016/09/08/glassdoor-acquires-brazils-love-mondays-to-expand-into-latin-america/

Shiftgig, the mobile on-demand job marketplace has acquired BookedOut, a Chicago-based start-up that matches workers with hourly gigs. The acquisition adds 10,000 more vetted workers to Shiftgig’s network and should help the company as it competes nationally.

https://www.aimgroup.com/2016/09/21/shiftgig-buys-bookedout/ 

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NEW FUNDING

Jobbio, a career marketplace out of Ireland Raises $5.6 Million to Connect Employers with Jobseekers: Jobbio, a careers marketplace that connects employers with jobseekers, has raised €5 million ($5.6 million) in a series A round

http://venturebeat.com/2016/09/07/careers-marketplace-jobbio-raises-5-6-million-to-connect-employers-with-jobseekers/

Portfolium a site where college students create profiles has raised $6.6 million to help students get jobs.

https://techcrunch.com/2016/09/12/portfolium-raises-6-2-million-to-get-college-students-into-jobs-where-theyll-kick-butt/

Stella, a New York-based personal job recruitment platform, has raised just over $10 million in new VC and debt funding, according to a regulatory filing. Backers include CRV. www.stella.ai

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MISC

Jobcase is now claiming 50 million members nationwide and brings in about 1 million new visitors a month. They are being billed as the 'linked for those not on linked".

https://www.shrm.org/resourcesandtools/hr-topics/talent-acquisition/pages/jobcase-linkedin-people-not-on-linkedin.aspx

RecTech Insider - New Tools, New Funding and Acquistion Roundup

Looking for HR technology news? Each month we scour the headlines to bring you the latest launches, new rounds of funding, acquisition and other interesting news for the recruiting technology industry. Subscribe here for early access.

New Funding

• Yello raises $4. million more for its talent acquisition software. They claim 70+ Fortune 500 companies as clients. Company had already raised $5 million a few years ago. [LINK]
• Glint, an employee engagement platform has raised $27M Series C led by Meritech and Bessemer; regularly surveys employees and provides real-time data; offers dashboard, analytics and action plans; raised $43M. [LINK]
• Genesys Talent raises 2.1 million for its talent community technology. [LINK]
• EmployUs is a new mobile referral tool: EmployUs rewards well-connected professionals by connecting employers and job seekers through trusted referrals. Anyone can connect people they trust to awesome jobs and get rewarded up to $10,000 when their referral gets hired. Company is based in North Carolina. [LINK]
• Vettery raises 9 million for its hiring marketplace which pairs potential job-seekers with a “talent executive” who helps them through the process of creating a profile and looking over interview requests from employers. If they accept a job, Vettery will give them a $1,000 signing bonus. [LINK]
• Brandyourself just raised $2 million to help people manage their online reputation. Company also hiring in Pennsylvania. [LINK]
• Homebase is a new startup that has raised $6 million to make hourly work much easier to manage for every small businesses….it helps them set a schedule for employees, automatically remind employees when they have an upcoming shift with a text alert, track whether employees are taking the breaks they’re entitled to throughout their shifts or whether they logged overtime hours. [LINK]
• Viridis has just raised a new $3.2 million. The site is a skills matching platform for vets and others without four-year college degrees. platform built especially for two-year students to showcase their skills and qualifications to local employers who are hiring. The goal is to match “skilled acquired” by students to “skilled required” by employers. [LINK]

Acquisitions

• CareerBuilder acquires Workterra to provide post hire support. [LINK]

More on Monster

• Monster Returns to its Cave. John Sumser wrote a post full of truth. [LINK]
• Job boards gets boost with sales of Monster. Chris Russell's take on the job board industry . [LINK]
• Rise and fall of Monster from the team at ERE Media. [LINK]
• Why Monster had to sell itself to Randstad for $429 million. [LINK]

Interesting Tools in the News

• Joberate wants to signal your boss if you are looking for a job. [LINK]
• Apps for the gig economy via Bloomberg. [LINk]
• Tour Linkedin Profinder for freelancers. Yep, you can now hire freelancers there. [LINK]

New Launches

• BossFinder.com, a unique new personalized job exploration service that connects candidates directly to company decision makers, today announced its national launch. [LINK]
• WebClipDrop Introduces Automated Sourcing Feature [LINK]
• LinkedIn is taking the wraps off a new feature that it hopes will get more of its 433 million users moving — literally and figuratively — when it comes to engaging with the site: today, LinkedIn is taking its first foray into video content, created by users and hosted by LinkedIn itself. [LINK]
• PurpleSquirrel.io hooks up job seekers with an insider at companies. [LINK]
• GradsLikeMe launches for Canadian campus recruiting. [LINK]
• Ramp up for hiring nurses [LINK]

Got interesting news of your own to share? Contact me.

RecTech Headlines for August

Here's your summer fix for all thats new in recruiting technology land.

Upsider is a new sales rep matching tool for employers and candidates. Link via ERE.

FOR SALE:  Profitable Midwest based local job board is up for sale. View details.

HourlyNerd, the Boston-based online freelancer marketplace startup that recently landed $22 million in venture funding from investors including Dallas Mavericks owner Mark Cuban, announced that it has rebranded to “Catalant.” The name is a combination of the words “catalyst,” “brilliant,” and “talent,” according to a release. Link.

Workday acquires Platfora to help it improv its analytics. Link.

Drafted launched the second version of its app earlier this year, letting people browse through job listings, see if they have any mutual connections to a job they want and request an intro to the hiring manager through any mutual connections. Sources say they are planning to open it up to more companies outside of Massachusetts this fall.

The startup has raised $2.5 million so far from several investors, including General Catalyst Partners, Accel Partners, Paul English’s Blade startup accelerator and Boston Syndicates. It has six employees. Link.

Mya, an AI platform from FirstJob, aims to make sure no applicant goes into the void—and no recruiter has to wade through a sea of resumes. Interesting to see how these guys have pivoted and are trying to take advantage of the “chatbot gold rush” Link.

Snagajob says they are looking for more stuff to acquire. If your tool targets hourly employees you might want to give them a call. Link.

Company in Denmark creates a Job title extractor. Check it out https://goodwin.relinklabs.com

Indeed launches JobSpotter app for retail businesses. Designed for people to take pics of we’re hiring signs in store windows. Link.

AfterCollege buys Cross-Post and is making it part of Recruitology, a service that launched for employers earlier in the year. Here is a link to the press release:http://www.prweb.com/releases/2016/07/prweb13533921.htm

Bumble Bizz app: the popular swipe-based dating app understands this, so is launching a feature to help users temporarily set aside dreams of love so they can match with someone who may help them advance their career. Link.

CornerJob only closed its $10 million Series A in February. But the Barcelona-based jobs marketplace, one of several which focuses on low-skill, high-turnover recruitment via a smartphone messaging app, is now announcing a $25 million Series B funding round — meaning it’s already raised a total of $35M in less than a year. Link.

What if Craigslist had a mobile ATS?

The goal of the RecTech Podcast is to highlight innovative and interesting recruitment technology vendors along with trends shaping the world of online recruitment.

Today we'll speak with Thad Price. Thad is VP of Product & Engineering at Jobs2Careers, where he sets the vision for new product development and strategy. With over 14 years of experience in online recruitment and the job search vertical, he uses his cross-functional experience to directly manage the company’s product and engineering teams.

Jobs2Careers just launched a new standalone app for anyone who uses Craigslist to post jobs. It's called ipply and you can see it in action in the video below.  Download the app at ipply.io.

Questions in this podcast include;

• What is ipply?

• Why did you start with Craigslist instead of J2C?

• What does ipply mean?

• What sparked the creation of ipply?

• Who’s the audience?

• How does it work? (walk us through user experience)

• Did you have to partner with Craiglist at all in order to launch the app?

• How does ipply help Craigslist posters?

• How much time does ipply take to setup?

• How do I get access to the beta?

RecTech Insider for June

Greeting RecTechies. Here is a roundup of whats happening inside the world of recruitment technology. 

• SimplyHired Shutting Down. Links to various coverage across the web. [click here]
• Glassdoor raises 40 million in new "Series H" round of funding. Company now valued at $1 billion. Thats a big number for the employer review site. But they're going to need it to take on the likes of Indeed.  [click here]
• Take the Interview, the video interview platform based in NYC at TalentTech Labs announced last month they have secured $5 million in funding. [click here]
• TechCrunch Disrupt 2016: 6 Startups Transforming the Career and Hiring Industry. I'm not sure why they are calling these transformative. Yuemey seems to be the most interesting of the six. [click here]
• Recruit reported Indeed.com net sales jumped 60% to $696 million in the fiscal year. The company also owns job boards in Japan, including Rikunabi, a job board for new graduates. Investor Fred Wilson said in a blog post recently that they (indeed) is now vaued at 2-3X revenue which puts them around $2 billion. They were acquired for $1.4 billion.
• Reflektive is a ‘How do I keep people engaged?' platform which just raised $13million in funding. [click here]
• Humanyze, a people analytics technology company raises $4 million dollars in funding. Company based in Boston, funding by Romulus Capital. [click here]
• Technical recruiting platform Triplebyte, which has raised $3 million in funding, just launched its engineer genome project to foster software-driven, intelligent job-matching. [click here]
• It’s been just over a year since women’s job review startup Fairygodboss launched as an alternative to established career sites like Glassdoor and Indeed. In that time, the company has collected more than 22,000 reviews and tips about company culture and benefits submitted by women workers. [click here]
• Blendoor a mobile app, hides a candidate’s name, age, employment history, criminal background, and even their photo, so employers can focus on qualifications. Interviewing.io—currently in private beta—is an interviewing platform that is taking the concept of anonymizing one step further. Even the voices are masked. [click here]
• Après is a new job marketplace that is targeted toward moms who want to opt back into their careers. It will be a marketplace for both full- and part-time positions, consulting projects, maternity fill-in positions, and pro-bono opportunities across a wide range of industries. [click here]
• TalentPool a matching system software has received $427k in seed funding. Its investors include Stephen Warrington and Kingsley Duffy. 
• On-demand labor marketplace HireAthena officially launched out of stealth. HireAthena, which offers accounting, payroll and HR services, is a spinoff of BackOps and Scalus, and is backed by Sherpa Capital, Google Ventures, e.ventures, DCVC, Crunchfund and high-profile angel investors including Naval Ravikant, Max Levchin, and Mark Pincus. 
• UpScored launches job-matching platform for applicants and employers. [click here]
• Ratedly founder Joel Cheesman Interview on his new employer rating app. [click here]